AutoZone (AZO) Tops Q1 EPS by 11c

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AutoZone (AZO) PT Raised to $645 on Strong Q1

December 10, 2014 10:08 AM EST

Nomura Securities analyst Edgar Roesch reiterated a Buy rating and boosted his price target on AutoZone (NYSE: AZO) to $645.00 (from $565.00) following solid Q1 results.

Roesch commented, "AZO reported FQ1 EPS of $7.27 beating the consensus $7.18 estimate on a comp gain of 4.5% (expectations were around... More